How to Know When to Take Profits After a Buying Panic

The SPX satisfied the minimum projections to resistance keying off the weeklies by kissing 2588 yesterday.

This was the weekly closing low for the first quarter and lasted until mid-December.

When it broke, the market collapsed.

This is the secret to keying off the weekly swing chart to define the line of least resistance.

But the market isn’t a Swiss train conductor, and there is always a monkey wrench and a detour.

In this video, I show why an initial pullback should play out ahead of any rally, where support is on a pullback, and where to buy on a deeper pullback.